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The MyCoin payment system can be used by online casinos to accept cryptocurrency payments from their players. Players can make deposits with MyCoin, and if the casino permits it, make withdrawals as well. Participating online casinos setup a wallet for receiving MyCoin transactions. More and more casinos are now integrating MyCoin.
It is easy for players to use the MyCoin feature of the online casino to make cryptocurrency deposits and withdrawals. All they have to do is to navigate to the cashier page and select the MyCoin option. A unique crypto wallet address will be presented to the player for them to send their crypto funds.
Once the casino receives verification from the crypto blockchain network that the transaction is confirmed the player’s casino balance is automatically updated. If the casino permits MyCoin withdrawals it is easy and fast for a player to receive their winnings into their crypto wallet.
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